Ndb Bank Issues Bonds Worth 2 Billion Yuan
New Development Bank (NDB) of the world's leading emerging economies BRICS has released a type of yuan bond with a total value of 2 billion yuan.0 of: 00/1: 11 male NDB bank belongs to BRICS issuing bonds worth 2 billion yuan in China. Artwork: AFP / VNA New Development Bank (NDB) of the world's leading emerging economies BRICS has released a type of yuan bond with a total value of 2 billion yuan (310 million USD) on China's interbank bond market, with 5-year term, bringing the total number of yuan bonds issued by the bank to 17 billion yuan. A press release indicates the amount obtained from the left release Vouchers will be used for NDB's common enterprise resources and to finance infrastructure projects and sustainable development in Member States of Bank.Leslie Maasdorp, Vice President and Director of Tai NDB's main, said the Bank intends to issue regular bonds in both the international and domestic market of member countries to establish a solid credit history and ensure better liquidity And the opportunity to diversify investors
